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Foreign Affairs Article

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Author: Paul Kennedy

Lawrence Freedman’s monumental new book is one the most significant works in the fields of international relations, strategic studies, and history to appear in recent years, so readers should know what it is and what it is not. 

See more in Global; Politics and Strategy

Foreign Affairs Article

Coupdunnit

Authors: Christopher de Bellaigue and Ray Takeyh

For as long as the shah of Iran occupied the Peacock Throne, his relations with the United States depended on a mutually accepted falsehood. Neither side stood to gain from acknowledging that Washington’s favorite dictator owed his position to American skullduggery. 

See more in Iran; Regime Changes

Foreign Affairs Article

Vindicating Volatility

Authors: Michael A. Levi and Robert McNally

While oil prices over the last three years were the smoothest in decades, volatility is back and here to stay argue Michael Levi and Robert McNally. Levi and McNally explain how price fluctuations, rather than high prices, endanger global economic growth.

See more in Global; Oil

Foreign Affairs Article

Taper Trouble

Author: Benn Steil

Benn Steil's essay in the July/August issue of Foreign Affairs looks at the international consequences of U.S. monetary policy action. He argues that developing-nation governments are coming to see the need for engineering current-account surpluses and large dollar-reserve stockpiles as a means of insulating themselves against Fed-induced capital-flow whiplash. As this amounts to "currency manipulation" in the eyes of U.S. policymakers, trade tensions are apt to grow.

See more in Ukraine; United States; Monetary Policy; International Finance

Foreign Affairs Article

What Really Happened in Iran

Author: Ray Takeyh

Back in 2009, during his heavily promoted Cairo speech on American relations with the Muslim world, U.S. President Barack Obama noted, in passing, that "in the middle of the Cold War, the United States played a role in the overthrow of a democratically elected Iranian government."

See more in Iran; Regime Changes

Foreign Affairs Article

What Really Happened in Congo

Author: Stephen R. Weissman

It didn't take long for Congo's transition from Belgian colony to sovereign state to turn ugly. Both the Soviet Union and the United States were keeping a close eye on the mineral-rich country at the heart of Africa when, on June 30, 1960, it gained independence under a democratically elected government headed by Prime Minister Patrice Lumumba.

See more in Congo, Republic of; Regime Changes

Foreign Affairs Article

What Really Happened in Chile

Author: Jack Devine

On September 9, 1973, I was eating lunch at Da Carla, an Italian restaurant in Santiago, Chile, when a colleague joined my table and whispered in my ear: "Call home immediately; it's urgent." At the time, I was serving as a clandestine CIA officer.

See more in Chile; Regime Changes

Foreign Affairs Article

New World Order

Authors: Erik Brynjolfsson, Andrew McAfee, and Michael Spence

Recent advances in technology have created an increasingly unified global marketplace for labor and capital. The ability of both to flow to their highest-value uses, regardless of their location, is equalizing their prices across the globe.

See more in United States; Labor

Foreign Affairs Article

Managing the New Cold War

Author: Robert H. Legvold

No one should casually label the current confrontation between Russia and the West a "new Cold War." After all, the current crisis hardly matches the depth and scale of the contest that dominated the international system in the second half of the twentieth century.

See more in Global; Conflict Assessment